Tuesday, January 21, 2020

South Shore reports widened loss in six months to Sept 30

South Shore Holdings Limited, operator of Macao luxury hotel The 13, reported a 15 percent widened loss for the six months ended Sept 30,...

Mass gaming growth boosts Emperor half-year profit

Emperor Entertainment Hotel Limited saw its profit attributable to owners of the company increase 37.4 percent year-on-year to HK$177.2 million (US$22.6 million) for the...

Success Dragon expects loss to narrow

Casino service provider Success Dragon International Holdings said it expects to record a narrower loss for the six months ended September 30, 2019 as...

Aristocrat profit up 28.8 pct on digital and land-based business

Gaming machine manufacturer Aristocrat Leisure delivered on profit growth for the year ended September 30, 2019, boosted by the group recent digital acquisitions, along...

Macau Q4 more challenged than expected: Nomura

Softer VIP volumes in November and tighter security measures during the Chinese President’s visit to Macau in December will weigh on Macau GGR in...

Philippines GGR sees 20.8% growth in 19Q3 on VIP uptick

Philippines’ gross gaming revenue reached P55.3 billion (US$1.1 billion) in the third quarter of this year, a rise of 20.8 percent year-on-year, according to...

Dynam Japan grows profit 4.2% on lower operating expenses

Dynam Japan Holdings, the nation’s largest pachinko hall operator reported a 4.2 percent increase in net profit for the six months ended Sept 30,...

Aristocrat logs 29 percent rise in net profit in FY2019

Slot and gambling machine maker Aristocrat Leisure saw its profits after tax rise by nearly 29 percent in the one-year period to the end of September, reaching almost A$700 million (about US$476 million). The company’s total sales were nearly A$4.4 billion.

MS revises down 2020 estimates on VIP decline

Morgan Stanley analysts on Monday said it has revised down its 2020 Macau forecasts, due mainly to weak VIP results in the third quarter...

IGT Q3 revenue up on global gaming product sales

International Game Technology (IGT) posted a 3 percent increase in revenue at constant currency in 19Q3, driven by growth in global gaming product sales.Said...

TRENDING ARTICLES

MOF to discuss future of Vietnam gaming industry

Nguyen Minh Tien, Deputy Director-General of the Ministry of Finance in Vietnam has joined the growing line-up of speakers set to speak at the...

Hokkaido’s IR withdrawal might be a deception

On November 29 of last year, Hokkaido Governor Naomichi Suzuki announced that his prefecture would not be participating in the IR race, citing the several years it would take to complete environmental preparations at the Tomakomai site. However, parts of the Japanese media are reporting that, in fact, not only is Hokkaido actually still in the race, but that they are being sized up as one of the three eventual winners.

SG court upholds arbitration ruling, favoring ex Solaire manager

The Singaporean High Court has dismissed a petition filed by Bloomberry Resorts against Global Gaming Philippines, which accused the company of committing fraud and...

iGaming technology spanning east and west

Betconstruct’s concept for the year has been revealed ahead of this year’s ICE London 2020.East&West is the message that Betconstruct would like to deliver...
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Government means business with online ban

Cambodia’s online gaming ban, which came into effect as of Jan. 1st, has triggered mass layoffs and the shutdown of numerous casinos, and is not expected to be lifted due to pressure from the Chinese government.